PTA Receives Rs. 15.82 Billion Against Second Installment Of License Renewal Fee
Pakistan Telecommunication Authority (PTA) has received Rs 15.82 billion (the equivalent of USD 103.17 million) against the second installment of license renewal fee from two Cellular Mobile Operators (CMOs); Telenor Pakistan and Pakistan Mobile Communication Ltd. (Jazz).
The amount is being deposited in Federal Consolidated Fund (FCF) as per practice under Pakistan Telecom Re-organization Act 1996, said PTA in an official handout.
PTA has so far deposited Rs 135.81 billion (the equivalent of USD 862.22 million) with the government, received against 50 percent of the total license renewal fee and first installment of the same from three CMOs. With the amount of the second installment received from two CMOs now, the total receipts on this count have become Rs 151.63 billion (USD 965.39 million). The second license renewal fee installment of CMPAK (ZONG) for USD 54.086 is due in October 2021.
PTA Orders Zong to Vacate, Pay for Unauthorized Use of Spectrum propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.